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New PPF Interest Calculator

This document contains a calculator that compares the maturity values and interest earned from monthly recurring deposits of Rs. 5,000 into PPF over 16, 21, 26, 31, and 36 years versus an annual deposit of Rs. 60,000. It shows that with the same annual investment amount, monthly recurring deposits earn higher maturity values and interest amounts compared to a single annual deposit due to the power of compounding interest over longer periods of time.

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rajesh
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© Attribution Non-Commercial (BY-NC)
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61 views3 pages

New PPF Interest Calculator

This document contains a calculator that compares the maturity values and interest earned from monthly recurring deposits of Rs. 5,000 into PPF over 16, 21, 26, 31, and 36 years versus an annual deposit of Rs. 60,000. It shows that with the same annual investment amount, monthly recurring deposits earn higher maturity values and interest amounts compared to a single annual deposit due to the power of compounding interest over longer periods of time.

Uploaded by

rajesh
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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New PPF Calculator

The Money Quest


New PPF Interest Calculator
(Please enter in blue coloured cells only)

Monthly
Recurring Deposit Amount (A)

Annual

5,000

60,000

16

16

8.60

8.60

At the end of 16th year

1,804,131

1,927,783

-123,653

At the end of 21st year

2,725,318

2,912,107

-186,789

At the end of 26th year

4,116,862

4,399,026

-282,164

At the end of 31st year

6,218,926

6,645,163

-426,236

At the end of 36th year

9,394,303

10,038,175

-643,872

Month of Deposit (M)


No of Years Deposit (N)
Rate of Interest ( R)

Final Maturity Value

Difference

Total Interest Earned


At the end of 16th year

899,131

967,783

-68,653

At the end of 21st year

1,820,318

1,952,107

-131,789

At the end of 26th year

3,211,862

3,439,026

-227,164

At the end of 31st year

5,313,926

5,685,163

-371,236

At the end of 36th year

8,489,303

9,078,175

-588,872

At the end of 16th year

905,000

960,000

-55,000

At the end of 21st year

905,000

960,000

-55,000

At the end of 26th year

905,000

960,000

-55,000

At the end of 31st year

905,000

960,000

-55,000

At the end of 36th year

905,000

960,000

-55,000

Total Investment

themoneyquest.com

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New PPF Calculator


36

Page 2

430

New PPF Calculator

1,927,783
2,912,107
4,399,026
6,645,163
10,038,175

967,783
1,952,107
3,439,026
5,685,163
9,078,175
960,000
960,000
960,000
960,000
960,000

Page 3

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